dow jones (us30) will %45 drop if...
hello guys!
us30 there is in a long term ascending channel for sure...
but let look last recession closer:
what was conditions of last recession :
1- break down last lower low
2- fake out last lower low
3- before starting a downward movement break ma(200)
4- last lower low break ma(200) too
5- after break down drop until %45
On the other hand, what are the current conditions:
1- last lower low break ma(200)
2- price is near of ma(200) so we are waiting for a break down of ma(200)...
so, we get confirmation after ma(200) break down then we can get a lot of short position for indices and us shares:
let's look at us interest rate and United States Inflation Rate charts again!
i think everything is vivide in chart. what is your opinion about us30?
If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
us30 there is in a long term ascending channel for sure...
but let look last recession closer:
what was conditions of last recession :
1- break down last lower low
2- fake out last lower low
3- before starting a downward movement break ma(200)
4- last lower low break ma(200) too
5- after break down drop until %45
On the other hand, what are the current conditions:
1- last lower low break ma(200)
2- price is near of ma(200) so we are waiting for a break down of ma(200)...
so, we get confirmation after ma(200) break down then we can get a lot of short position for indices and us shares:
let's look at us interest rate and United States Inflation Rate charts again!
i think everything is vivide in chart. what is your opinion about us30?
If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
👉my recommended broker:
bit.ly/HYCM-M
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👉my recommended exchange:
bit.ly/LbankMelika
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My telegram channel:
t.me/melikatrader94
bit.ly/HYCM-M
__________
👉my recommended exchange:
bit.ly/LbankMelika
__________
My telegram channel:
t.me/melikatrader94
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